1002 Shannon Ln, Franklin, TN 37064
Active · $799,999
3 beds2 baths1,932 sq ft$414 /sq ft0.82 acres
MLS #3233590 · updated 2026-06-28 · listed with The Luxe Collective
Active · $799,999
MLS #3233590 · updated 2026-06-28 · listed with The Luxe Collective
3-bed, 2-bath home at 1002 Shannon Ln in Redwing Farms Sec 1, Franklin, 1,932 sqft, $799,999 ($414/sqft), by The Luxe Collective.
1002 Shannon Ln is a 3-bedroom, 2-bath home in Franklin, TN 37064, offered at $799,999, about $414/sq ft across 1,932 sq ft.
At $414/sq ft, this home is about 6% above the Franklin 37064 median list price per square foot of $391.
Market read: Franklin 37064 homes is a buyer-favored market at about 7.3 months of inventory.
School zone: assigned to Oak View Elementary School, Legacy Middle School, Independence High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 1002 Shannon Ln (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-28. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
🡠Franklin Charm on Nearly an Acre | No HOA | Williamson County If you've been searching for a place that truly feels like home, this is it. Nestled on a picturesque .82-acre lot in one of Franklin's most sought-after locations, this beautifully maintained one-level ranch offers the perfect blend of comfort, privacy, and convenience. With no HOA restrictions and room to breathe, properties like this are becoming increasingly rare. Inside, you'll find inviting living spaces designed for everyday living and effortless entertaining. Gather around the stunning stone fireplace on cool Tennessee evenings, host family celebrations in the spacious formal living area, or work from home with ease in the dedicated office. The kitchen was made for making memories, featuring double ovens, ample prep space, and a charming window overlooking the peaceful backyard, making even the simplest moments feel special. Step outside and experience what makes this property truly exceptional. Enjoy morning coffee, evening sunsets, and weekend gatherings from the expansive 12x25 deck. The partially fenced backyard provides plenty of room for kids and pets to play, while mature trees and open green space behind the home create a private, serene setting that's hard to find this close to town. Recent updates include a NEW roof and NEW HVAC system, giving buyers added peace of mind and reducing future maintenance expenses. Located just minutes from Berry Farms, historic downtown Franklin, shopping, dining, and top-rated Williamson County schools, this home offers the lifestyle so many buyers are searching for. Homes with nearly an acre, one-level living, no HOA, and this prime Franklin location don't come along often.
Listing remarks courtesy of The Luxe Collective via RealTracs.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $414 | $391 median | - |
| Price position | 55th pctile | +11% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Analysis, not an appraisal.
Among the active homes in Franklin 37064, this home at $414/sq ft falls in the 55th percentile on price per square foot.
Franklin 37064 trades about 11% above greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Franklin 37064.
Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-17, refreshed weekly. Analysis, not an appraisal.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX). Analysis, not an appraisal.
| Active listings | 653 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 89.5 sales / mo |
| Months of inventory | 7.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 1002 Shannon Ln at $799,999: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $799,999 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $462,600 trails the $799,999 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,846 now to roughly $3,192 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
1002 Shannon Ln sits in Redwing Farms Sec 1, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $391 per square foot; inventory is running at about 7.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-17. Market data, not an appraisal.
1002 Shannon Ln is zoned for Oak View Elementary School, Legacy Middle School, Independence High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-06-28), 1002 Shannon Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
1002 Shannon Ln, Franklin is listed at $799,999, about $414 per square foot across 1,932 square feet.
3 bedrooms and 2 ba.
About $414 per square foot ($799,999 across 1,932 sqft).
1002 Shannon Ln, Franklin was built in 1975.
Yes, 2 garage spaces, per the listing.
No HOA dues are reported for this home.
1002 Shannon Ln, Franklin is in the Redwing Farms Sec 1 subdivision of Franklin.
1002 Shannon Ln, Franklin is zoned for Oak View Elementary School, Legacy Middle School, Independence High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 1002 Shannon Ln, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $414 per square foot, 1002 Shannon Ln, Franklin ranks in the 55th percentile of active Franklin 37064 listings by price per square foot, roughly 6% above the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37064 is currently a buyer-favored market (ample supply), at about 7.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 1002 Shannon Ln (reference).
Get the full details, recent comparable sales, and any off-market options for 1002 Shannon Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with The Luxe Collective. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Market guidance by Grant Hammond, Compass RE, 25+ years, $1B+ in Middle Tennessee sales.
Franklin, TN single-family homes closed at a median of $1,050,000, or $342 per square foot, over the past 24 months. Median price per square foot runs from $306 to $462 across the seven Williamson County Schools high-school attendance zones (RealTracs, 3,387 closings).
Franklin TN home prices over the trailing six months: 978 closings, a $949,995 median, and the new-construction supply that keeps Williamson County near double the Davidson County median. A broker's data read, with live market stats, current MLS listings, and how Franklin compares to Brentwood.
Short-term rental laws in Middle Tennessee govern permit types, zoning eligibility, and HOA restrictions across Nashville, Brentwood, Franklin, and Belle Meade.
[vc_row][vc_column width="1/1"][vc_column_text]It is quite rare for a high-end property to be foreclosed upon in historic downtown Franklin, TN. It’s even more rare for one of the
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